All units are separately metered for gas heat, hot water and electric.I've adjusted the numbers to take into account what's been said:- Increased mortgage to 5.75%- Increased vacancy to 5% - I don't know how to account for a one time renovation in the calculator so it feels high- Added a Management Fee of 10%The property now cash flows negative $137.15 - Here's the new report (w/o increased rents) Assuming an additional $1000/month for rent then that would bring me cash flow positive of $+592. 

I am in Miami, FL but want to buy something in north Florida, GA, SC, NC. 

The bad news is that you're paying for your tenants to enjoy a heated pool.

I would move in the smaller unit that is being rented month to month, so this leaves me with $1,500 in rental incomeExpenses: I used 5% Vacancy since I would be living in a unit, I figured it was less likely of vacancy, 8% R&M, 8% CapexCap Rate: I estimate around 8%, it's about two blocks from the waterfront in an area that is improvingRecent work on house: MLS says "recent work gas heating unit and windows siding and roof"Based on the BP rental calculator my monthly cash flow while living in the unit will be ($558), after 1 year and I can move out cash flow looks like $310 for the two units. 

Insurance paid for a new roof after a hail storm, new AC unit and heat pump. pulled up carpet and refinished hardwood. paint and miner fixes.

@Nova MendozaI would recommend Tom Corcoran at Edge Heating and Air. 

When we originally entered this home my GF walked through the kitchen, with walls covered in spattered food (he heated cans of food on the stove) & threw up in the back yard.

I am looking to purchase a place in North Miami.

My land tripled and I did the build out and plumbing and heating.

I don't have enough equity in the home to fix the central heat and air and did window units instead.